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FFIJX vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFIJX and FZROX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

FFIJX vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFIJX:

0.68

FZROX:

0.62

Sortino Ratio

FFIJX:

1.20

FZROX:

1.12

Omega Ratio

FFIJX:

1.17

FZROX:

1.16

Calmar Ratio

FFIJX:

0.84

FZROX:

0.73

Martin Ratio

FFIJX:

3.73

FZROX:

2.78

Ulcer Index

FFIJX:

3.33%

FZROX:

5.11%

Daily Std Dev

FFIJX:

15.72%

FZROX:

20.01%

Max Drawdown

FFIJX:

-30.68%

FZROX:

-34.96%

Current Drawdown

FFIJX:

-0.21%

FZROX:

-3.75%

Returns By Period

In the year-to-date period, FFIJX achieves a 5.18% return, which is significantly higher than FZROX's 0.69% return.


FFIJX

YTD

5.18%

1M

8.59%

6M

3.93%

1Y

10.59%

5Y*

12.65%

10Y*

N/A

FZROX

YTD

0.69%

1M

10.21%

6M

-0.48%

1Y

12.23%

5Y*

17.05%

10Y*

N/A

*Annualized

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FFIJX vs. FZROX - Expense Ratio Comparison

FFIJX has a 0.12% expense ratio, which is higher than FZROX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

FFIJX vs. FZROX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFIJX
The Risk-Adjusted Performance Rank of FFIJX is 7575
Overall Rank
The Sharpe Ratio Rank of FFIJX is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of FFIJX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of FFIJX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FFIJX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of FFIJX is 8080
Martin Ratio Rank

FZROX
The Risk-Adjusted Performance Rank of FZROX is 6969
Overall Rank
The Sharpe Ratio Rank of FZROX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 7373
Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFIJX vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Fidelity ZERO Total Market Index Fund (FZROX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current FFIJX Sharpe Ratio is 0.68, which is comparable to the FZROX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FFIJX and FZROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FFIJX vs. FZROX - Dividend Comparison

FFIJX's dividend yield for the trailing twelve months is around 1.83%, more than FZROX's 1.15% yield.


TTM2024202320222021202020192018
FFIJX
Fidelity Freedom Index 2065 Fund Investor Class
1.83%1.88%1.87%1.89%1.46%1.20%1.81%0.00%
FZROX
Fidelity ZERO Total Market Index Fund
1.15%1.16%1.36%1.57%1.25%1.27%1.51%0.74%

Drawdowns

FFIJX vs. FZROX - Drawdown Comparison

The maximum FFIJX drawdown since its inception was -30.68%, smaller than the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FFIJX and FZROX. For additional features, visit the drawdowns tool.


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Volatility

FFIJX vs. FZROX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) is 4.14%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 6.24%. This indicates that FFIJX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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